Oil and Petrochemicals
Abadan Refinery Reports Temporary Technical Malfunction
Abadan Oil Refinery referred to a temporary technical malfunction that created a loud noise in the facility. The operati...
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Oil and Petrochemicals
Technical Failure in the Production Unit of Abadan Refinery
A technical failure in one of the units of Abadan Refinery caused a loud noise to be heard in the area. This incident le...
Economy
Shahram Raeisi: Overcoming Isfahan Industries' Gas Imbalance Challenges with Operational Solutions
Shahram Raeisi emphasized the need for operational solutions to help industries overcome gas imbalance challenges during...
Oil and Petrochemicals
Onex DMCC is buying five new VLCC tankers in the oil market
Onex DMCC is recognized as one of the active buyers of VLCC tankers in the market and has recently purchased five large...
Environment
SkyTruth's New Analysis of Oil Pollution from Ships in Oceans
The new analysis shows that ships are responsible for over 90% of attributable oil pollution in oceans. This pollution p...
Analysis
BIMCO Predicts Increased Supply Pressure in the Container Shipping Market
A new study by BIMCO indicates that supply pressure in the container shipping market is increasing despite disruptions i...
Analysis
The Impact of ISO 14060 Standard on the Transparency of Net Zero Goals in the Shipping Industry
The ISO 14060 standard is being prepared as the first internationally verifiable standard for net zero goals. This stand...
World
U.S. Coast Guard Awards $315 Million Contract for Fuel Terminal Construction in Kodiak
The U.S. Coast Guard has awarded a $315 million contract to Tutor Perini for the construction of a new fuel terminal at...
Economy
7.5% Increase in Premiums at P&I Clubs Due to New Risks
A new report indicates that P&I clubs may raise their premiums by up to 7.5% due to rising major incident costs. This is...
Oil and Petrochemicals
Vitol and Trafigura Call for Greater Discounts on Venezuelan Oil
Global trading companies Vitol and Trafigura are seeking greater discounts on Venezuelan oil. Rising transportation cost...
Technology
Cochin Shipyard Collaborates with Synergy Marine to Develop Commercial Projects
Cochin Shipyard and Synergy Marine have signed an agreement to collaborate on new projects and ship engineering. This ag...
Economy
Royal Caribbean Announces $3 Billion Investment in Sandals Brand
Royal Caribbean has recently announced that it is investing $3 billion in the Sandals and Beaches brand. This deal value...